Seed stage, London based, social e-commerce specialist, Stylechi (www.stylechi.com) has closed a £150k SEIS investment from a syndicate of London Business Angel investors, including a £35k investment by the LBA SEIS Fund 2012 fund.

Early stage, London-based, specialist mobile virtual network operator, Cycell, has closed an oversubscribed £1m round which included a £160k investment by a group of London Business Angels investors.

Early stage Coventry based high quality imaging technology specialist, Lumejet, has secured £1.87m in a second funding round which was cornerstoned by a £490k investment by LBA investors including £90k from the LBA EIS Roundtable Syndicate Fund 20

LBA (London Business Angels) £332k investment cornerstones Michelson Diagnostic's £607k funding round and takes LBA's total level of investment in the company to over £1.5m since 2007

Despite the gloomy economic forecasts, 2012 promises to be a landmark year for the further growth and significance of Angel investing, and offers a vital opportunity to ensure that there is a connected environment for financing enterprise in the UK.

Early stage Cambridge based biotechnology and sustainability specialist, Bactest limited, has closed a £900k funding round which included an investment by a syndicate of LBA angels.